06-29-2011, 03:53 AM
Say you have 2 business units under 1 company (a small business).
And they have different but related products (say one is in furniture business while the other is in PU Foam/spring bed)and different management and employees.
Their customers could be different, but some could be customers of both units. They have different marketing strategies and different allocations for marketing budgets also.
Should you create a separate business management software/system/ for each unit or combine them in one system? Separate or not, this company will file tax return for both units under 1 company.
What do established companies usually do under this situation?
And they have different but related products (say one is in furniture business while the other is in PU Foam/spring bed)and different management and employees.
Their customers could be different, but some could be customers of both units. They have different marketing strategies and different allocations for marketing budgets also.
Should you create a separate business management software/system/ for each unit or combine them in one system? Separate or not, this company will file tax return for both units under 1 company.
What do established companies usually do under this situation?